DECLARATION OF DEFAULT. Canada may declare default if: a) One or more of the Events of Default occurs. b) Canada gave notice to the Recipient of the event which in Canada’s opinion constitutes an Event of Default; and c) The Recipient has failed, within thirty (30) business days of receipt of the notice, either to remedy the Event of Default or to notify and demonstrate, to the satisfaction of Canada, that it has taken such steps as are necessary to remedy the Event of Default.
Appears in 5 contracts
Samples: Disaster Mitigation and Adaptation Fund Agreement, Contribution Agreement, Disaster Mitigation Agreement
DECLARATION OF DEFAULT. Canada may declare a default if:
a) One In Canada’s opinion, one or more of the Events of Default occurs.;
b) Canada gave notice to the Recipient of the event which in Canada’s opinion constitutes an Event of Default; and
c) The Recipient has failed, within thirty (30) business days of receipt of the noticenotice from Canada, either to remedy the Event of Default or to notify Canada and demonstrate, to the satisfaction of Canada, that it has taken such steps as are necessary to remedy the Event of Default.
Appears in 4 contracts
Samples: Grant Agreement, Grant Agreement, Grant Agreement
DECLARATION OF DEFAULT. Canada may declare a default if:
a) One i. In Canada’s opinion, one or more of the Events of Default occurs.;
b) ii. Canada gave notice to the Recipient of the event which in Canada’s opinion constitutes an Event of Default; and
c) The iii. the Recipient has failed, within thirty (30) business days of receipt of the noticenotice from Canada, either to remedy the Event of Default or to notify Canada and demonstrate, to the satisfaction of Canada, that it has taken such steps as are necessary to remedy the Event of Default.
Appears in 3 contracts
Samples: Agreement for Grade Crossing Improvements, Contribution Agreement, Agreement for Planning Feasibility Study and Fleet Transition Plan Project
DECLARATION OF DEFAULT. Canada may declare default if:
a) One or more of the Events The Event of Default occurs.;
b) The Event of Default has been examined by the Oversight Committee and has not been resolved under section 21 (Dispute Resolution);
c) Canada gave gives notice to the Recipient Ontario of the event event, which in Canada’s opinion constitutes an Event of Default; and
cd) The Recipient Ontario has failed, within thirty (30) business days of receipt of the notice, either to remedy the Event of Default or to notify and demonstrate, demonstrate to the satisfaction of Canada, Canada that it has taken such steps as are necessary to remedy the Event of Default.
Appears in 2 contracts
Samples: Integrated Bilateral Agreement, Integrated Bilateral Agreement
DECLARATION OF DEFAULT. Canada may declare default if:
a) One or more of the Events The Event of Default occurs.;
b) Canada gave gives notice to the Recipient British Columbia of the event event, which in Canada’s opinion constitutes an Event of Default; and
c) The Recipient British Columbia has failed, within thirty (30) business days of receipt of the notice, either to remedy the Event of Default or to notify and demonstrate, demonstrate to the satisfaction of Canada, Canada that it has taken such steps as are necessary to remedy the Event of Default.
Appears in 1 contract
Samples: Integrated Bilateral Agreement
DECLARATION OF DEFAULT. Canada may declare default if:
a) One or more of the Events The Event of Default occurs.;
b) Canada gave gives notice to the Recipient New Brunswick of the event event, which in Canada’s opinion constitutes an Event of Default; and
c) The Recipient New Brunswick has failed, within thirty (30) business days of receipt of the notice, either to remedy the Event of Default or to notify and demonstrate, demonstrate to the satisfaction of Canada, Canada that it has taken such steps as are necessary to remedy the Event of Default.
Appears in 1 contract
Samples: Integrated Bilateral Agreement
DECLARATION OF DEFAULT. Canada may declare a default if:
a) One a. Canada’s opinion, one or more of the Events of Default occurs.;
b) b. Canada gave notice to the Recipient of the event which in Canada’s opinion constitutes an Event of Default; and
c) c. The Recipient has failed, within thirty (30) business days of receipt of the noticenotice from Canada, either to remedy the Event of Default or to notify Canada and demonstrate, to the satisfaction of Canada, that it has taken such steps as are necessary to remedy the Event of Default.
Appears in 1 contract
Samples: Contribution Agreement
DECLARATION OF DEFAULT. Canada may declare a default if:
a) One In Canada’s opinion, one or more of the Events of Default occurs.;
b) Canada gave notice to the Recipient of the event which in Canada’s opinion constitutes an Event of Default; and
c) The the Recipient has failed, within thirty (30) business days of receipt of the noticenotice from Canada, either to remedy the Event of Default or to notify Canada and demonstrate, to the satisfaction of Canada, that it has taken such steps as are necessary to remedy the Event of Default.
Appears in 1 contract
Samples: Contribution Agreement
DECLARATION OF DEFAULT. a) Canada may declare a default if:
a) One i. in Canada’s opinion, one or more of the Events of Default occurs.;
b) ii. Canada gave notice to the Recipient of the event which in Canada’s opinion constitutes an Event of Default; and
c) The iii. the Recipient has failed, within thirty (30) business days of receipt of the noticenotice from Canada, either to remedy the Event of Default or to notify Canada and demonstrate, to the satisfaction of Canada, that it has taken such steps as are necessary to remedy the Event of Default.
Appears in 1 contract
Samples: Agreement for Rehabilitation of Taxiway Bravo, Apron and Airside Guidance Sign Upgrades
DECLARATION OF DEFAULT. a) Canada may declare a default if:
a) One : i. one or more of the Events of Default occurs.
b) Canada gave notice to the Recipient of the event which in Canada’s opinion constitutes an Event of Default; and
c) The Recipient has failed, within thirty (30) business days of receipt of the notice, either to remedy the Event of Default or to notify and demonstrate, to the satisfaction of Canada, that it has taken such steps as are necessary to remedy the Event of Default.;
Appears in 1 contract
